US Commerce Department Approves Nvidia H200 Chip Exports to China with 25% Surcharge

Summary

On December 8, 2025, President Trump announced via Truth Social that the US would permit Nvidia to export its H200 AI chips to China, subject to a 25% surcharge on revenue directed to the US government. The Department of Commerce's Bureau of Industry and Security (BIS) subsequently issued a rule revising its licensing policy, moving from a presumption-of-denial to a case-by-case review for export license applications covering the Nvidia H200, AMD MI325X, and similar chips. The approval comes wi